Covid-19: Financial Support Schemes

Baroness Bennett of Manor Castle Excerpts

Wednesday 6th April 2022 Lords Chamber

[Baroness Penn (Con)]

My noble friend is correct that, while there were reduced checks in place on bounce-back loans, there was still a requirement for lenders to make checks, and we are quite clear in the terms of the loan guarantees that, if it appears that those checks were not made, then those businesses do not have a claim against their guarantee.

[Baroness Bennett of Manor Castle (GP)]

Following on from the question from the noble Lord, Lord Tunnicliffe, and his reference to the noble Lord, Lord Agnew, the explanation that the noble Lord, Lord Agnew, gave to the Treasury Committee as to why the Government’s performance was so parlous was that there was a 20% to 25% staff turnover at Her Majesty’s Treasury. Can the Minister explain why there was such a high turnover of staff and what the Government are doing to ameliorate a situation, which is clearly creating a problem?

[Baroness Penn (Con)]

I think one of the reasons that the Treasury, and other government departments, can have high turnovers is that they have talented staff who do excellent work, and that can be desired by those in the other sector. We work hard to ensure that the Civil Service is a great place to work, and that people have the job satisfaction to carry on.